Form of undertaking to be furnished under Sub-section (1) of Section 230 of the Income-tax Act, 1961

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..... no objection certificate to be issued under the provisions of sub section (1) of section 230, *I/we hereby undertake to pay to the Government of India the taxes which are or may become payable under the Wealth tax Act, 1957 (27 of 1957), the Gift tax Act, 1958 (18 of 1958), the Income tax Act, 1961 (43 of 1961) or the Expenditure tax Act, 1987 (35 of 1987) in respect of the income earned during th .....

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..... d enactments or other enactment(s) shall be accepted by me/us as conclusive evidence of the said amount being due and payable as aforesaid, and no such amount shall, in any case and under any circumstances, be disputed. 4. Further, *I/we hereby undertake and declare that this undertaking shall not be determined or otherwise affected by any death/ dissolution or liquidation, but shall remain in .....

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..... ............................ *[Employer referred to in clause (i) of section 230(1)] or *[Any other person referred to in clause (ii) of section 230(1)] Place: ......................... Date: * .....

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